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20121202
20121210
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FOX Business
Dec 5, 2012 7:00pm EST
of such a mission. secretary of state clinton is nonetheless talking very tough calling for assad to step down as the obama administration has done for the past 15 months, but refusing, still, to detail which consequences those would be. >> we will explore with like-minded countries what more we can do to bring the conflict to an end, but that will require the assad regime making the decision to participate in a political transition, ending the violence against its own people, and we hope that they do so because we believe, as you know, that their fall is inevitable, but it's a question of how many people will die until that day occurs. lou: the violence, and morsi protesters in the street, and large scale clashes, worst of the violence since morsi proposed his powers. a third of the aides resigned now, and more than 225 injured in the clashes since they broke out. turning to the president and his views, steering clear of my public statements on egypt or morsi or the administrations, but jay carney responded to a question on the administration's actions on the turmoil, a scripted response that
FOX Business
Dec 9, 2012 2:00am EST
of depeppedency from fdr and bill clinton and senators . this is not just republicans and conservatives. >> that is it a valid. if you want to reform welfare to resolve the problems that you are raising. they are valid problems . we will not mix it up b condemning people who need help right now because times are bad. people need to fee their families. >> but victoria. are we advocating policiless at keep poor people poor? >> i think we are. rick to your point about families. the oama stimulus plan made it easier for childless jobless people to get on the food stamp program. we should revisit that now. the scary fact. looking at a 30 year period. only two presidents that have reduced the anticipation rate of the food stamp is clinton, bless hiseart and reagan: >> when you look at what this particular administration ha done a. you can see a lot of policiless to dismantle the attempt to get bac to work fare that we saw inhe clinton administration, right? >> yeah, but victoria's point about reagan and clinton. we had economic groh then because government was not eating up everything. incent
FOX Business
Dec 9, 2012 1:00am EST
is to president clinton'point if you want to live like a republican, vote for a democrat, they'll give you better economics. >> brenda: gary b, go ahead. give your best. >> well, you know, julian's very good at raising the straw man. i don't recall everyone saying the market was going to tank if obama was reelected. to sate that oh, it didn't tank, that's kind of silly. the other thing, every time the tax rate habeenried to stick it to the rich. 91% tax rates during fdr years and failed misably and they've gone bacand ended up lowering the rate. it's such a good idea and look for historical examples where it worked. it hasn't worked. if julian wants so much the clinton tax rates, that's fine, i'll go along with that if we had the clinton era vernment spending which we don't. >> brenda: okay. all right, we've got to go. thanks, guys. so, see this? last year, it was a union uproar in wisconsin and now we're seeing this. a different state, same scene, neil and his gang saying all taxpayers should be paying attention. that's at e bottom of the hour, but up here first, did you hear this? >> our people
FOX Business
Dec 5, 2012 12:00am EST
i agree with you. remeer we had $5.6 trillion surplus in 2001 from the clinton administration. here iseasonable proposal. liss you say we'll put trilli dollars into the treasury over 10-year period? that doest even cover the increases in spending? >> b, we're not finished. first of a we'vealready seen as of august, july, a a trillion dollars in spending cuts. but more importantly, we're at 50ear low in non-defens discretionary spending. the government is not spending. it is just we're a larger nation, one of the lgest nations inhe world. so we've got to get a unrstanding that america is a country th is not ing to go backo the 1950s. wee always going to searching and growing to make ts country better and have a balanced enomy. so what do we do? we start, melissa, because over the last decade evious to president obama, we have spent like, we are running water. two ws and bush tax cuts. melissa: we afree on that. >> bush tax cuts. melissa: we have spent way too . this plan doesn't basically entitlement spending. we don't get our snding, with any ofthese three plans. even going over the
FOX Business
Dec 5, 2012 5:00pm EST
president clinton which wail raise more money. a few other bells and whistles. a more simpler and fairer tax code that people could understand. melissa: that was a very good summary. >> thanks. melissa: mary catherine. i will throw in a few more things. there are a few sin taxes. >> yeah, there are. melissa: we sort of teased it. 50 cent increase on cigarette tax. tax on alcoholic beverages. >> already have one of those. just increasing it. melissa: we'll increase that one. why not. and small fees on internet gambling as well. what do you think of this plan, mary catherine?. >> i don't want to out right knock simplifying the tags code because i think it is something hard to do and something largely would be great for the economy and good for people in general to have the simpler code instead of 74,000 pages of crap we have right now. i do not want to knock that out of hand. when you say talk to going to the clinton rates. you're missing clinton tech boom. clinton levels of spending. when you take that into account it doesn't actually end up closing your gap when it comes to something which s
FOX Business
Dec 3, 2012 3:00pm EST
in the clinton administration. people describe him as a pretty partisan guy. he's much more liberal than geithner, although geithner is a guy whether he's liberal or not personally carried the president's water pretty well. you know, i'm not saying he did a good job, i'm just saying he did not deviate from the president's line. you know, it's interesting. guys like bob rubin when they were treasury secretary, he basically went up against the president. if you read some of bob woodward's books, which i have, i mean, the way bob woodward tells it, bob rubin, the treasury secretary for clinton, forced clinton to raise taxes but used that money for deficit reduction because he believed that would control the economy. president clinton did listen to him. and i'll tell you, i talked to bob rubin about that anecdote where clinton says you tell me a bunch of bond traders control the economy -- i'm paraphrasing -- and rubin said, yes, i am. i asked him about that once a couple years ago, and he said it was true. it wasn't as dramatic woodward made it out to be, but it did has happen. but you didn't get th
FOX Business
Dec 4, 2012 7:00pm EST
, you remember very well that we had a very different white house. president clinton had decided that he was going to try to work with the republicans. he brought in a new chief of staff by the name of erskine bowles, and in that has popped up again. and he immediately called me and said to my here to work with you and that enabled us to do a lot of things that i don't think the republicans today can get done with this obama white house. lou: and are you and i in agreement that the republicans are not in nearly sufficiently strong position, not with the lack of talent, there are some questions about that, but because of the lack f power of the leaders in the house and the role of the house in this negotiation. >> i am not prepared to ay that. i go up to the capitol every week and meet with the republican leaders and listen to them as they talked very openly about what their views are and what they're trying to get done. and i can tell you that they are a lot stronger than they have been presented by the conservative media. the interesting thing about the speaker is to make you look car
FOX Business
Dec 6, 2012 7:00pm EST
against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meeting with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuing the sharpest warning yet. >> the president of the united states made it clear there will be consequences. there will be consequences if the assad regime makes a terrible mistake by using chemical weapons on their own people. lou:
FOX Business
Dec 2, 2012 2:00am EST
clinton was clear when he spoke to the republicans. he pointed out that t biggest driver of the united states debt is medicare. he understands that we have to face up to the medicare problem. we need a solution. >> the conference that rick was referring tompt he said folks, i won and i get to make the decision and he grew the budget by 800 billion every year. one-time stimulus has happened every year of the presidency and the president through tim geithener is making a proposal and raising taxes. >> it is absurd what is in the propose and the president is proposing. we hear the psident saying that tax hikes on the upper brackets will solve all of the problems and it pay for government spending for a week and a half . the president said he would stop the seas from rising. he might want to stop the oceans of red ink that are rising. listen, they make this point. federal taxpayers ponying up to cer up the short fall of social security. white house said that is happening . lbj in the '60s got the government's mitts on social security funds to cover the cost of the viet nam war. >> mark, th
FOX Business
Dec 3, 2012 9:20am EST
the clinton did back in 1992 and you end up with a bill. you have a solid expansion. what do you make up with that argument? >> i hope they do not believe that argument. look, maybe barack obama is right. maybe if you raise these taxes, it will not hurt the economy. [talking over each other] stuart: bill clinton raised taxes and the economy took off. >> there are a lot of things that influence the economy. not just taxes. there are other things. there is no monetary policy, which was great under bill clinton. do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government spending within those years. the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i know why you have not been on the show very often. i am at a loss for words when you are d
FOX Business
Dec 7, 2012 7:00pm EST
budgets of the clinton years, if we could return to the trillion dollar peace dividend that the bush years left on the doorstep of the clinton years. but none of that is ever examined. also, we also are the beneficiaries of a massive technology bubble and the markets. >> plants and reduced the capital gains tax by 30 percent. he increased the income tax by 10%, but the huge surge in revenues under clinton came through the capital gains tax cut, not from the income-tax increase. lou: you and i have done what the republicans, perhaps too often. we talk about the economics of it, the theory of it, if you will, the extraction of it, but but the reality is the republican party has not come up with a rejoinder, a response to a, if you will, a socialist redistributionist president who right now claims the field is on because there is no other standard flying over that field. there is a speaker of the house to is simply saying, this is not right. you know, we are not at the table and complaining, but not, not engaging. >> i think we have got to engage the argument. we cannot win the argument while
FOX Business
Dec 4, 2012 11:00pm EST
. >> you are talking about all my sources,. neil: but you were spot on. >> deputy to llary clinton, former morgan stanley executives trying to be obama's chief of staff. and tom knight has been making the rounds on wall street having dinners with various wall street streetictives. -- executives. and he setting the stage for an interesting wall street embrace of the president. you listen to these guys, ceo of goldman sachs, goes up tre before the water, he looks like he has within water tortured minutes before, eyes shiftg. neil: i don't know he was waterer to thetured. i think that guy,hoer? lead, and whoever is the winner. things he opposed, long col on, just weeks ago, now sign me up. >> what is ridiculous, he went out and said we need to cut expenditures and a planned approach but tn he said, president has a creble plan ta raise a lot of taxes. >> ihink they are allll pathetic losers, they make washington, d.c. look lik choir boys, i am shocked. in record time, turning to this guy who cald him every name in the boo dirty rotten scoundrels of wall street, n ey are playing ft ftse i is gr
FOX Business
Dec 4, 2012 9:20am EST
. stuart: i think he had a round of golf with former president bill clinton just the other day. >> yeah. stuart: and bill clinton was-- you voted for him, twice. >> i sure did, he was a good president. stuart: do you think there's they chance that some of the moderation of blirn will rub off on the leftism of president obama? >> no, i think that clinton's leverage is gone totally. he supported obama totally in the election. without clinton i don't think that obama would have been reelect and that's what he did for him. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cuts below $250,000 and everyone agrees those should be put through and then put through another bill tha
FOX Business
Dec 5, 2012 9:20am EST
to president clinton and i see this as a tax revolt and i see this as hipocracy. this is rich ceo's, rich board members saying, we don't want to pay the tax the rich tax next year, we're going to pay it to ourselves this year, doug, hipocracy. >> i see it as by businessmen basing an unpalatable and untenable fiscal condition in washington where both parties, particularly the democrats are failing to come up with reasonable tax reform. stuart: but you've got a smile on your base because now i'm right. jim singel, founder of costco pays himself $7 a share and borrows the money to do it he's a huge obama supporter. >> well, now that's a different kettle of fish, stuart. borrowing money that they don't have in their kitty to pay a dividend to reduce tax, that's tax manipulation. stuart: which a tax which he favors and went to the democratic convention and argued for. >> i can't efend him, his company or his actions, but i can tell you, stuart, this is a reason why our political system is letting down ordinary people because it does allow the wealthy empowered take advantage of a system because the
FOX Business
Dec 3, 2012 4:00pm EST
-chair of the president's debt commission and the former chief of staff of president bill clinton, floated a similar plan last year. in embracing it, republicans are claiming bipartisan ship, and it's now up to the white house to respond. back to you. >> getting very interesting. thank you very much, rich edson. david: thanks, rich. well, washington doesn't seem to be get withing close to a debt deal, but one top investor believes they actually will get it cone and are get -- done and are getting close to it. bob doll joining us with his investing strategies. >> former lehman brothers' vice president larry mcconald who's now with new edge also believes a deal will be reached, but what will it be, and who ends up on the winning end? find out what he thinks next. ♪ david: while the president is tweeting his short answers about coming tax increases, wall street's holding its collective breath with the rest of the world for some kind of resolution to the fiscal stalemate in d.c. trillions of dollars hang in the balance not just in government revenue, but also in nonallocated cash. it's just been sitting on
FOX Business
Dec 3, 2012 11:00am EST
. that is a given. i think that will happen. bill clinton tried to find a way to balance it out. he was going to cut a lot of investment rates. that, that profumo was enough to help trigger an economic boom. what you hand out in of a tax increase, the president could give back, that would favor the investment community. it could work for him. lori: grover norquist, tea party two-point oh. neil: it is interesting. it is hard to read whether there will be held back to pay for anyone who votes for any type of a tax increase. i think we have learned from this election, you know, back in the a very suicidal pact. i do not know if that threat is real. what is more real right now, the result we have to get a permit spending under control, has disappeared. when it came to spending, that is still -- by the way, the same people who are picking apart the tea party, john boehner is where he is now and the house enjoys the republican party it does now because of the tea party. i would not be so quick to dismiss all. connell: you still think we are all just playing around it we will get a deal done? neil: i would
FOX Business
Dec 6, 2012 6:00pm EST
to clinton's old tax rates, but he's not because clinton's rates affected everyone, not just the small sliver of the population. a 3.8% unearned income tax is kicking in on january 1st. gerri: obamacare. >> capital gains going from 15% to that 25*%. dividend taxes going 15% to 44% under current law without a thing done as far as the president obama wanting the taxes on the rich to go up. he's already done it. there's 1% medicare tax on people who earn over $250,000 a year. gerri: income tax. >> a payroll tax strictly. it's added to the medicare tax that's taken out, makes a small stop in the trust fund, and funds another program that the president likes. this is the problem. the president is not hoonest with us or the american people. he tells you he loves you and wants to take care of you, but the fact of the matter is, he's going to raise your taxes to a level that, in fact, it's going to kill economic activity in the country. how do we know? look what's happening. on your crawl on the television, dividends paid before december 31st, and why? that behavior's driven by changes in the tax cod
FOX Business
Dec 7, 2012 11:00am EST
on testimony of president clinton's former chief of staff. since then, there has been no counter offer from the white house. reports indicate that the president has adopted a strategy to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code, the president wants to raise tax rates. even if the president that the tax rate hike that he wanted, understand that we will continue to see trillion dollar deficits for as far as the eye can see. washington has a spending3 problem, not a revenue problem. if the president does not agree with our proposal, i believe he has an obligation to families and small businesses to offer a plan of his own. we are ready and eager to talk to the president about such plan. >> you did speak with the president earlier this week, can you characterize that call. also, it has to be increases in rates for the wealthy or no deal. >> the phone call was pleasant, but more of the same. it is time for the president to be serious and come back with a counter offer. [inaudible question] >> the risk the president wants us to take, increasin
FOX Business
Dec 6, 2012 8:00pm EST
an alternative to raising raters on clinton era rates. it could get so ca complicated d get worse. when you talk mortgages and charities and everything else. why not raise rates on rich, fight for a simp her tax system that -- simpler tax system that might provide lower taxes down the road. >> well we need to demand concessions on spending. neil: we're not getting them. >> that is the point, so putting up taxes is not a way of getting concessions in the future. neil: from the get go they put up that 800 billion figure. >> a starting point, the problem is that, as you know, not only will the democrats want more in taxes, but they have in place, with this horrible deal that was done a year and a half ago with debt sealing that gives deal -- there is a deal in place. and it recalls that fiscal cliff, but the deal of made a year and a half ago, the republicans, democrats and president signed off on this, allowing tax increases to go back in place. and they signed on to half a trillion in cuts, in domestic programs and half a trillion in defense, understand what this is as a conservative, defense is
FOX Business
Dec 6, 2012 9:00pm EST
? >> even earlier. ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this? that is left in here and even encouraged because it implies some banks will be bailed out. >> right. when you say the bank is systemic you say it is an institution to big and important and critical to allow to be left 57 they have labeled them systemic. it shows what happens and white increases the risk. the big banks can borrow money more cheaply because they think the government will bail them out. >> creditors know they will not be bailed out if they fail so they give them money at it cheaper rate. >> jpmorgan chase pays $4 interest but the small bank pays $70 $0.50. they stay small the bi
FOX Business
Dec 7, 2012 12:00am EST
that is it deregulation. john: 11 george bush? >> even earlier. ronald rgan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this? that is left in herend even encouraged because it implies some banks will be bailed out. >> right. when you say the bank is systemic you say it is an institution to big and important and critical to allow to be left 57 they have labeled them systemic. it shows what happens and white increases the risk. the big banks can borrow money more cheaply because they think the government will bail them out. >> creditors know they will not be bailed out if they fail so they give them money at it cheaper rate. >> jpmorgan chase pays $4 interest but the small bank pays $70 $0.50.
FOX Business
Dec 3, 2012 5:00pm EST
to take action if that eventualty were to occur. melissa: secretary of state hillary clinton responding to reports syria's regime is moving its stockpiles of chemical weapons and there is new word that syria is combining chemicals to make deadly sarin gas. would its use be enough to push unraveling middle east over the edge? for insight we turn tt brigitte gabriel, terrorism expert and president of act for america. welcome to the show. >> thank you, melissa. melissa: this is certainly frightening news and frightening reports. from what you've seen do you think this is what syria is doing? >> syria is moving chemical weapons in a way they have not done before. they usually move these things around but the activities of the last 48 hours show they are up to something and the concern here is that bashar assad says if he goes down he will take the whole middle east down with him and i believe his last resort will be using chemical weapons in, if in fact he is losing. the rebels in the last 48 hours gained really good ground against the assad regime and there were reports that came out of sy
FOX Business
Dec 3, 2012 7:00pm EST
the tragedy. a red line on syria. secretary of state clinton talking tough as violence rages. what is the president thinking? is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center will. what is wrong with obama and banner? did they really think this is a good -- a game? ♪ ♪ [ male announcer ] it started long o. the joy of giving something everything you've got. it takes passion. and it's not letting up ytime soon. if you're eligible for medicare, you might know it only coversbout 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medica supplement plans, they help pay some of the difference. and could save you in out-of-pocket medical costs. you'll be able to visit any doctor or hospital that accepts medare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't
FOX Business
Dec 3, 2012 10:00pm EST
are joined to analyze the tragedy. a red line on syria. secretary of state clinton talking tough as violence rages. what is the preside thinking? is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center wil. what is wrong with obama and banner? did they really think this is a good -- a game? you know, from our 4,000 levision commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million pele switched to me last year, saving an average of $475. yeah, i'm ki of a big deal. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. 731, 732... you want mnumber, don't you? call-800-progressive right now. or visit progressive.com for an extra $50 online savings. thirsty? 'cause i got a six-pack rightere. oh, yeah... [voice shaking] you don't even have to wait for your policy to expire to switch. oh, svetlana, that's so good! and, with every policy, you get great service. a-down the hizz-atch. [slurp!
FOX Business
Dec 4, 2012 11:00am EST
for president bill clinton, one that the republicans put out yesterday, and it's one that democrats roundly rejected. >> republicans' plan, on the other hand, is more of the same. not only does it balance the budget on the backs of the middle class, but voids the promise to seniors with cuts to social security and medicare all to pay for handouts to the rich. at least we know where they stand. >> republicans are willing to make sure we don't go over the cliff, but, at the same time, don't harm the economy. what has to happen, the president needs to show leadership, sit in the room, stay here, get it done. that's why there was a proposal that's reasonable, meets his criteria. >> republicans say they have put a bipartisan plan forward. it's up to the white house to come back with their next proposal. the white house and democrats are saying republicans need to be willing to raise tax rates on families earning more than $250,000 a year as a prerequisite before talking about any of these structural changes that republicans want. back to you. dennis: thank you, rich edson, and the deadlock conti
FOX Business
Dec 4, 2012 4:00pm EST
. the converse happened when president clinton lowered the capital-gains tax rate from 28 to 20%. we had doubling of income. the government did from capital gains. so it works on both sides. if investment capital begins to dry up. more tend to get less of it. where swill it go. where will all the investment income go. >> it will stay on the sidelines or disappear. financial mark gets go down aa well as up. that is what we're experiencing now. capital is on strike. much capital is not being created. we see it in western europe. we see it in japan. would apply the same poison here. real people are just debating. how much more burden would we put on already weak economy? david: steve, will republicans cave on the issue of tax rate increases. will they agree with the president and his folks to raise ttx rates? >> the rank-and-file that talk to want to hold fast on that and say, no we're not going to do it. you want to push the economy off the cliff, you're the chief executive. you're supposed to be bringing people together. and put, throw the ball back in his court. david: you think no deal? >> boehn
FOX Business
Dec 6, 2012 11:00am EST
gas into bombs for the appointment. 500 times more toxic than cyanide. hillary clinton holds an emergency meeting with russia's foreign minister and the un peace envoy for syria to discuss the issue. approving the delivery of missiles to turkey. that aimed to protecting the nato area against attacks. deciding to okay the move after mortar rounds killed five people. missiles expected to arrive in turkey next month. the presidential palace is looking more and more like a camp. the egyptian military and selling our buyer. the worst round of violence in two weeks. clashes killed seven last night. those are your latest headlines. back to dagen and connell. dagen: thank you. if the u.s. goes over that fiscal cliff, people in california will pay a ton in extra taxes. california would have the highest earners there would pay almost 52% as their marginal income tax rate. the highest in the country. the only state that would have a calculated rate would be hawaii. three percentage points to the marginal state income tax rate. we will have entrepreneur ethan anderson coming up, maybe to
FOX Business
Dec 6, 2012 5:00pm EST
clinton agreed to meet with the russian foreign minister and rahim my, the u.n. ambassador for the syrian issue and the syrian dossier. if the regime uses chemical weapons or any weapons of mass destruction, the regime in syria, that is definitely an indication that it is a last act of desperation. melissa: yeah. >> i'm sure that the international community will try to prevent that in any way, shape or form. the syrian, the russian president, putin, a couple of days ago when he was in turkey, he gave some signals that the chem cap -- chemical weapons in syria are secure. we need to sit down with the russians to see if they have any guaranties to the security of these weapons. >>you talked about how the international community could do to prevent it. there are weapons weapons and there is money. what could we do at this point to try to stop this from happening? >> well i think, you know, the regime of syria has these weapons and i'm not sure they're going to sell them or if we put money on the table that will solve this. melissa: no. but is there aid to another country, aid to egypt, to ru
FOX Business
Dec 7, 2012 6:00pm EST
based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i asked republican senator richard shelby of alabama for his take on the comments from boehner. >> i believe that speaker boehner is on the right track. the president has not come uptown now, been deeply involved, that we know about , in any of these offers are counteroffers. dealers said he has been campaigning to meet. but he has to get involved if he wants to avoid the fiscal cliff. i think that the speaker has indicated that he will try to engage in, try to meet him and try to avoid the fiscal cleft that the presiient is going to continue to say it is my way or the highway, that is another game. gerri: it is. harry reid today saying that the game is at chess game, and the republicans are the jets. here is harry reid. >> he has a problem. he has three quarterbacks. he cannot decide who t
FOX Business
Dec 8, 2012 12:00am EST
. when hillary clinton had moi broker the deal between hamas and, between hamas and israelis it was basically saying look you ha to play big brother here. you get all the allowance money. now you have to help out and we're watching yo melissa: on the ground in egypt what kind of influence can we really have? they cash a check we send but beyond that what other kind of help can we give? i'm not sure we'r welcome. >> we're not welcome, this regime, the morsi regime, muslim brotherhood compare it to the iranian regime 30 years ago. one of the platforms is creating anti-western propaganda within the country. that has been one of the things that happened -- helped them go forward. you have the presence of many different factions within egyptian society. that's what we need to cash in on. not in terms of finances but in terms of support. exactly what we should be doing in iran. we take more secular factions, people came to tahrir square, women, children, people being marginalized by the muslim brotherhood saying we support you. we want you to have a say in the future of egypt as a
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